China's November economic data misses expectations
Retail sales grew 8.1%, its slowest monthly pace since May 2003, while industrial output was up just 5.4%
Beijing
CHINA'S monthly economic data missed expectations, with growth of retail sales and industrial output slowing on weaker domestic and global demand, while the trade war with the United States drags into a sixth month.
Retail sales grew 8.1 per cent in November, its slowest monthly pace since May 2003, while industrial output was up 5.4 per cent, also missing its estimate.
TRENDING NOW
Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
‘Very low chance’ that US-Iran deal reverts energy flows to South-east Asia through Hormuz: Bloomberg Economics
Battle for Asia’s ultra-rich: ‘Singapore can’t afford to keep losing clients to Dubai, Hong Kong’